Record Crops, Subsidies, Sugarcane Fuel Brazilian Equipment Sales

With its crop harvest complete and at record levels, sales of farm machinery in Brazil continued on an upward trend. It remains to be seen if the country’s record-high harvest will have implications for U.S. farmers. This could show up within the next couple of months.

“While the market remains strong year-to-date, equipment sales volumes could slow from here as corn and soybean harvesting is behind us and farmers are actively marketing their grain,” Ann…

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